Christine Lagarde lays out ECB worries over economic growth, and doesn't mention the trade war

The European Central Bank (ECB) has established a pattern of consistently reducing interest rates, with a recent cut bringing the rate to 2.25%. ECB President Christine Lagarde noted the routine nature of these cuts and mentioned that before the recent decision, some governors favored pausing the series of reductions. This statement suggests a diversity of views within the council and highlights the ongoing challenges posed by trade tensions, even as discussions of tariffs remain limited.

Interest rate cuts of a quarter percentage point have become routine in the European Central Bank’s meetings, overshadowing potential alternative decisions.

Christine Lagarde mentioned that some governors preferred a pause in the slew of interest-rate cuts, indicating varied opinions within the governing council.

Read at Independent